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Fiji, endowed with forest, mineral, and fish resources, is one of the most developed of the Pacific island economies though still with a large subsistence sector. Sugar exports, remittances from Fijians working abroad, and a growing tourist industry - with 400,000 to 500,000 tourists annually - are the major sources of foreign exchange. Fiji's sugar has special access to European Union markets but will be harmed by the EU's decision to cut sugar subsidies. Sugar processing makes up one-third of industrial activity but is not efficient. Fiji's tourism industry was damaged by the December 2006 coup and is facing an uncertain recovery time. In 2007 tourist arrivals were down almost 6%, with substantial job losses in the service sector, and GDP dipped. The coup has created a difficult business climate. The EU has suspended all aid until the interim government takes steps toward new elections. Long-term problems include low investment, uncertain land ownership rights, and the government's inability to manage its budget. Overseas remittances from Fijians working in Kuwait and Iraq have decreased significantly. Fiji's current account deficit reached 23% of GDP in 2006.
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$3.675 billion (2009 est.)
country comparison to the world: 168
$3.77 billion (2008 est.)
$3.773 billion (2007 est.)
note:
data are in 2009 US dollars
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$3.06 billion (2009 est.)
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-2.5% (2009 est.)
country comparison to the world: 156
-0.1% (2008 est.)
-6.7% (2007 est.)
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$3,900 (2009 est.)
country comparison to the world: 157
$4,000 (2008 est.)
$4,100 (2007 est.)
note:
data are in 2009 US dollars
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agriculture: 8.9%
industry:
13.5%
services:
77.6% (2004 est.)
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335,000 (2007 est.)
country comparison to the world: 161
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agriculture: 70%
industry and services:
30% (2001 est.)
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7.6% (1999)
country comparison to the world: 73
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25.5% (FY90/91)
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lowest 10%: NA%
highest 10%:
NA%
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revenues: $1.363 billion
expenditures:
$1.376 billion (2006)
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4.8% (2007)
country comparison to the world: 141
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6.32% (31 December 2008)
country comparison to the world: 48
9.25% (31 December 2007)
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7.97% (31 December 2008)
country comparison to the world: 102
9.01% (31 December 2007)
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$738.6 million (31 December 2008)
country comparison to the world: 120
$1.042 billion (31 December 2007)
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$1.012 billion (31 December 2008)
country comparison to the world: 118
$1.088 billion (31 December 2007)
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$NA (31 December 2008)
$1.948 billion (31 December 2007)
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$NA (31 December 2009)
country comparison to the world: 105
$568.2 million (31 December 2008)
$522.2 million (31 December 2007)
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sugarcane, coconuts, cassava (tapioca), rice, sweet potatoes, bananas; cattle, pigs, horses, goats; fish
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tourism, sugar, clothing, copra, gold, silver, lumber, small cottage industries
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NA%
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928 million kWh (2007 est.)
country comparison to the world: 147
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863 million kWh (2007 est.)
country comparison to the world: 148
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0 kWh (2008 est.)
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0 kWh (2008 est.)
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0 bbl/day (2009 est.)
country comparison to the world: 175
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11,000 bbl/day (2009 est.)
country comparison to the world: 147
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2,455 bbl/day (2007 est.)
country comparison to the world: 112
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20,340 bbl/day (2007 est.)
country comparison to the world: 112
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0 bbl (1 January 2009 est.)
country comparison to the world: 180
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0 cu m (2008 est.)
country comparison to the world: 196
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0 cu m (2008 est.)
country comparison to the world: 185
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0 cu m (2008 est.)
country comparison to the world: 181
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0 cu m (2008 est.)
country comparison to the world: 180
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0 cu m (1 January 2009 est.)
country comparison to the world: 178
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-$507 million (2007 est.)
country comparison to the world: 115
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$1.202 billion (2006)
country comparison to the world: 143
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sugar, garments, gold, timber, fish, molasses, coconut oil
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US 15.21%, Australia 12.11%, UK 11.23%, Samoa 5.39%, Tonga 4.74%, Japan 4.44% (2009)
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$3.12 billion (2006)
country comparison to the world: 136
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manufactured goods, machinery and transport equipment, petroleum products, food, chemicals
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Singapore 27.27%, Australia 19.36%, NZ 15.15%, China 6.92%, India 5.23%, Thailand 4.25% (2009)
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$127 million (2004 est.)
country comparison to the world: 179
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$NA
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$NA
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Fijian dollars (FJD) per US dollar - NA (2007), 1.7313 (2006), 1.691 (2005), 1.7331 (2004), 1.8958 (2003)
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